Tag: Forecast


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Weekly Trading Forecast: It’s Do-or-Die Time for the US Dollar

Weekly Trading Forecast: It’s Do-or-Die Time for the US Dollar

All eyes turn to a critical US Federal Reserve interest rate announcement this week. Will US interest rates finally achieve ‘liftoff’, or will the US Dollar see a crash landing? DailyFX – Forex Market News

December 13, 2015 | By | Reply More
Egypt lifts 2015-16 GDP growth forecast

Egypt lifts 2015-16 GDP growth forecast

Egypt revised its GDP target for the current fiscal year to 5.5 percent from 5 percent on Saturday and said its economy grew at 4.2 percent in the 2014/2015 fiscal year, up from 2.2 percent the previous year. Total GDP for fiscal year 2014/2015, which ended in June, was 2.4 trillion Egyptian pounds ($ 307 […]

December 5, 2015 | By | Reply More
U.S. home prices rise faster in September, beat forecast

U.S. home prices rise faster in September, beat forecast

The S&P/Case Shiller composite index of 20 metropolitan areas gained 5.5 percent in September on a year-over-year basis compared with 5.1 percent in the year to August. With unemployment at 5 percent and hints of higher inflation in the CPI, most analysts expect the Federal Reserve to raise its fed funds target range to 25 […]

November 24, 2015 | By | Reply More
Weekly Trading Forecast: A Week of Looming Threats and Holiday Liquidity

Weekly Trading Forecast: A Week of Looming Threats and Holiday Liquidity

The US Thanksgiving holiday is ahead, but traders shouldn’t be lax about the risks that still lurk through the system. Key fundamental risks remain and an ill-timed swoon in liquidity could prove a critical problem. DailyFX – Forex Market News

November 21, 2015 | By | Reply More
Weekly Trading Forecast: How Long can the US Dollar Defy Gravity?

Weekly Trading Forecast: How Long can the US Dollar Defy Gravity?

The US Dollar trades near major highs versus the Euro and other major FX counterparts as interest rate expectations remain center-stage. But further gains are hardly guaranteed—here are risks to watch. DailyFX – Forex Market News

November 15, 2015 | By | Reply More
Cisco second-quarter forecast misses on order slowdown

Cisco second-quarter forecast misses on order slowdown

Network equipment maker Cisco Systems Inc's forecast adjusted profit and revenue growth for the second quarter below analysts' estimates, citing a slowdown in order growth and weakness in its enterprise business outside the United States. Shares of Cisco, considered a bellwether for the performance of the broader network gear industry, fell 5 percent to $ […]

November 13, 2015 | By | Reply More
Weekly Trading Forecast: Dollar Solidifies Its Dominance, Surges to 12-Year Highs

Weekly Trading Forecast: Dollar Solidifies Its Dominance, Surges to 12-Year Highs

The Dollar’s fundamental appeal has simmered through 2015, but that strength came straight to the forefront following strong NFPs. The repercussions of this performance will stretch further than just the Dollar…and FX. DailyFX – Forex Market News

November 7, 2015 | By | Reply More
GBP/USD and EUR/GBP Primed for Important BoE Decision, Forecast

GBP/USD and EUR/GBP Primed for Important BoE Decision, Forecast

The Bank of England is scheduled to deliberate on monetary policy in today’s London session. A no change today isn’t what threatens to move the market… DailyFX – Forex Market News

November 5, 2015 | By | Reply More
Weekly Trading Forecast: NFPs, China PMIs, and BoE and RBA Decision Fuel Another Busy Week

Weekly Trading Forecast: NFPs, China PMIs, and BoE and RBA Decision Fuel Another Busy Week

We have just closed out an exceptionally busy fundamental week with key event risk. And, we are now diving right back into a deep docket with markets on the cusp of key trend developments. DailyFX – Forex Market News

October 31, 2015 | By | Reply More
IBM revenue falls more than expected, cuts profit forecast

IBM revenue falls more than expected, cuts profit forecast

International Business Machines Corp posted a bigger-than-expected drop in revenue and cut its full-year profit forecast, as a stronger U.S. dollar accentuated weakness in demand from China and emerging markets. It was the 14th quarter in a row that IBM has posted a reduction in revenue, as the world's largest technology services company gets rid […]

October 20, 2015 | By | Reply More